Scott Cohen was recently quoted in Pool & Spa News in an article by Rebecca Robledo titled "No Credit? They'll Find A Way."

...Not all forms of creative financing are basic. If the banks won't work with a prospective client, landscape designer Scott Cohen hooks them up with a friend who arranges hard money loans. Often seen as a last resort, hard money loans are backed by collateral, usually a piece of property. They carry much higher interest rates than traditional financing and the lenders are sometimes private individuals.

"These loans are still as tax-deductible as any other home improvement loan," says Cohen, who is president of The Green Scene landscape design & construction. "And if we believe that home values will come back over the next 5 to 10 years, then it's really just a temporary loan and you'll be able to refinance at some future date."

Pool and Spa News September 30, 2009